Marketplace Startups in Africa

Step into the thriving world of Marketplace startups in Africa, where innovators are rewriting the rules and redefining what's possible. Our carefully curated list is your passport to explore the trailblazers who are shaping this dynamic sector. Discover their bold solutions, game-changing products, and out-of-the-box thinking as they forge new paths in Marketplace.

Cummulative Funding

$769M+

Total # of Companies

182

Total Deal Count

309

Total M&A Count

17

Total # of Investors

555

List of Marketplace startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Twiga Foods is a business-to-business marketplace platform that sources produce directly from farmers and delivers it to urban retailers.

Series C

$ 145,650,000

2013

2.

MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies.

Series B

$ 101,200,000

2018

3.

Konga Online Shopping is a Nigerian online shopping website selling books, home appliances, mobile phones, groceries, and others.

Series C

$ 79,500,000

2012

4.

Sabi is a merchant aggregation platform that digitizes key processes towards accelerating offline trade in frontier markets.

Series B

$ 64,000,000

2020

5.

Trella is a technology platform that connects shippers to carriers to move freight intelligently.

Venture

$ 52,250,000

2018

6.

Yodawy is Egypt's #1 Pharmacy delivery app, enabling you to order medication from the comfort of your phone.

Private Equity

$ 40,500,000

2018

7.

Vendease is a Nigerian online marketplace for Africa's food service businesses.

Debt Financing

$ 33,325,000

2019

8.

Capiter is a B2B marketplace that brings FMCGs, wholesalers & merchants to the same platform

Series A

$ 33,000,000

2019

9.

Jiji is an online marketplace that enables buyers and sellers to meet and exchange goods and services.

Series C

$ 21,000,000

2014

10.

JABU is a B2B marketplace offering tech-route-to-market development and merchandising for FMCG brands in undeveloped areas.

Series A

$ 18,200,000

2020

11.

Lipa Later is a digital lending marketplace providing "buy now pay later" services.

Debt Financing

$ 18,040,000

2015

12.

Cartona is one of the fastest growing B2B e-commerce marketplaces in Egypt

Series A

$ 16,500,000

2019

13.

Revolutionizing the used-car market with trust and transparency.

Pre-seed

$ 12,600,000

2021

14.

Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere

Series A

$ 12,250,000

2017

15.

The Sun Exchange is a blockchain based solar panel micro-leasing marketplace that enables anyone anywhere to own and earn from solar panels.

Convertible Note

$ 10,490,000

2015

16.

Wuzzuf is an online marketplace that connects highly educated people as well as low, medium, or no education workers with employers.

Series B

$ 7,850,000

2009

17.

Aya is a curated marketplace for early-stage startups and high growth businesses to access vetted African Web3 digital skilled talents.

Pre-seed

$ 7,200,000

2020

18.

Powered by People is a Kenyan startup offering online tools and a B2B marketplace to the manufacturing and handmade sector.

Seed

$ 6,500,000

2019

19.

Taager is an Egyptian social e-commerce marketplace with emd-to-end logistics.

Seed

$ 6,400,000

2019

20.

Jumba is a construction tech platform that simplifies B2B purchase and financing of construction materials

Seed

$ 5,500,000

2022

Founded

2013

Overview

Twiga Foods is a business-to-business marketplace platform that sources produce directly from farmers and delivers it to urban retailers.

Last round

Series C

Total raised

$ 145,650,000

Employee

51-200

MaxAB

Founded

2018

Overview

MaxAB is a B2B e-commerce marketplace that connects food and grocery retailers to suppliers in Egypt’s most under-served geographies.

Last round

Series B

Total raised

$ 101,200,000

Employee

11-50

Konga

Founded

2012

Overview

Konga Online Shopping is a Nigerian online shopping website selling books, home appliances, mobile phones, groceries, and others.

Last round

Series C

Total raised

$ 79,500,000

Employee

1001-5000

Sabi

Founded

2020

Overview

Sabi is a merchant aggregation platform that digitizes key processes towards accelerating offline trade in frontier markets.

Last round

Series B

Total raised

$ 64,000,000

Employee

51-200

Trella

Founded

2018

Overview

Trella is a technology platform that connects shippers to carriers to move freight intelligently.

Last round

Venture

Total raised

$ 52,250,000

Employee

51-200

Yodawy

Founded

2018

Overview

Yodawy is Egypt's #1 Pharmacy delivery app, enabling you to order medication from the comfort of your phone.

Last round

Private Equity

Total raised

$ 40,500,000

Employee

11-50

VendEase

Founded

2019

Overview

Vendease is a Nigerian online marketplace for Africa's food service businesses.

Last round

Debt Financing

Total raised

$ 33,325,000

Employee

11-50

Capiter

Founded

2019

Overview

Capiter is a B2B marketplace that brings FMCGs, wholesalers & merchants to the same platform

Last round

Series A

Total raised

$ 33,000,000

Employee

501-1,000

Jiji

Founded

2014

Overview

Jiji is an online marketplace that enables buyers and sellers to meet and exchange goods and services.

Last round

Series C

Total raised

$ 21,000,000

Employee

501-1000

Jabu

Founded

2020

Overview

JABU is a B2B marketplace offering tech-route-to-market development and merchandising for FMCG brands in undeveloped areas.

Last round

Series A

Total raised

$ 18,200,000

Employee

51-200

Founded

2015

Overview

Lipa Later is a digital lending marketplace providing "buy now pay later" services.

Last round

Debt Financing

Total raised

$ 18,040,000

Employee

51-200

Cartona

Founded

2019

Overview

Cartona is one of the fastest growing B2B e-commerce marketplaces in Egypt

Last round

Series A

Total raised

$ 16,500,000

Employee

51-200

Sylndr

Founded

2021

Overview

Revolutionizing the used-car market with trust and transparency.

Last round

Pre-seed

Total raised

$ 12,600,000

Employee

11-50

VertoFX

Founded

2017

Overview

Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere

Last round

Series A

Total raised

$ 12,250,000

Employee

11-50

Founded

2015

Overview

The Sun Exchange is a blockchain based solar panel micro-leasing marketplace that enables anyone anywhere to own and earn from solar panels.

Last round

Convertible Note

Total raised

$ 10,490,000

Employee

2-10

WUZZUF

Founded

2009

Overview

Wuzzuf is an online marketplace that connects highly educated people as well as low, medium, or no education workers with employers.

Last round

Series B

Total raised

$ 7,850,000

Employee

51-100

Aya

Founded

2020

Overview

Aya is a curated marketplace for early-stage startups and high growth businesses to access vetted African Web3 digital skilled talents.

Last round

Pre-seed

Total raised

$ 7,200,000

Employee

11-50

Founded

2019

Overview

Powered by People is a Kenyan startup offering online tools and a B2B marketplace to the manufacturing and handmade sector.

Last round

Seed

Total raised

$ 6,500,000

Employee

2-10

Taager

Founded

2019

Overview

Taager is an Egyptian social e-commerce marketplace with emd-to-end logistics.

Last round

Seed

Total raised

$ 6,400,000

Employee

11-50

Jumba

Founded

2022

Overview

Jumba is a construction tech platform that simplifies B2B purchase and financing of construction materials

Last round

Seed

Total raised

$ 5,500,000

Employee

2-10

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